Video: Loaning money to children, with Suna Ozcan

In this clip Suna Ozcan discusses lending money to children. While families may feel compelled to assist their children with property purchases or business ventures without formalities or professional advice, there are considerable risks for both the lending parents and borrowing children if legal  advice isn’t sought and agreements aren’t properly documented beforehand.

Are you thinking about assistig your family members with a gift or a loan? To discuss you queries about gifting or loaning money to children, please contact our Property Team at Solari and Stock on 8525 2700, or click here to request an appointment.